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23755019
23755017

8677 Research Dr, Irvine, CA 92618

JW
CA 00875427
Centennial Advisers
Centennial Advisers
CA
Centennial Advisers
Listed by Centennial Advisers
$11,650,000
389 days on market
Updated 70 days ago

FBI's safest city, 200,000 Cars per day, Trophy Asset

Details
APN 588-174-02
Property Type Industrial, Retail
Sub Type Distribution, Flex (+1)
Square Footage 25,277
Net Rentable (SqFt) 25,277
Units 1
Cap Rate 4.69%
NOI $545,983
Occupancy 100%
Tenancy Single
Brand/Tenant Owner User or Leased Investment
Lease Type NNN
Lease Term 27.2
Lease Expiration 07/31/2026
Remaining Term 0.1
Lease Options Negotiable
Pro-Forma Cap Rate 5.21%
Pro-Forma NOI $606,648
Price per SqFt $461
Broker Co-Op Yes
Class A
Year Built 1999
Year Renovated 2022
Buildings 1
Stories 2
Lot Size (SqFt) 61,855
Zoning Irvine 5.4 (A)
Parking Spaces 83 spaces
Parking Per SqFt 3.28
Investment Type Core+
Tenant Credit Corporate Guarantee
Lease Commencement 06/03/1999
Occupancy Date 06/01/1999
Ceiling Height 25
Ownership Fee Simple
Sale Condition 1031 exchange

Generational Property in an A+ location, your great grandkids will love you

Marketing description

James Irvine patriarch of the family that became the Irvine Company knew a good piece of real estate when he saw it. 8677 Research, Irvine CA was so good it was owned by the Irvine Family and later the Irvine Company for over 100 years before the city’s master plan called for the development of the South Orange County’s economic and lifestyle engine, the Irvine Spectrum. For only the 4th time since 1864 and perhaps for the only time in the next 100 years, a family can acquire the property.

Irvine spectrum area has been Orange County’s, most successful, high net worth residential, workplace, retail and social development of the last 30 years, attracting over 17,000,000 visitors annually, about the same as Orange County’s other major attraction, Disneyland

Four over 200 years this area has been the focal point of the community. At different times it has been vital role in clothing soldiers, feeding the nation, protecting America against her enemies and birthed some of our nations seminal works of modern entertainment; Laguna Beach, the Real Housewives of Orange County and Independence Day.

This property is not just at the corner of Main and Main. It’s at the corner of Commerce and Lifestyle. There is perhaps no location that combines exposure and exclusivity like 8677 Research other than the corner of Broadway and 45th St, New York City, better known as Times Square.

The Irvine spectrum is where fortune 500 companies, leading luxury retailers and high income earners all want to be. The best place to be in the Irvine spectrum is where everyone can see you and there is no better address for exposing your premium brand than 8677 Research Dr. Over 200,000 vehicles a day pass by the property. It provides the best visibility from both directions of the 405 of any building adjacent to the freeway. It’s afforded the most signage of any property in the Irvine Research Center, giving the occupant grand exposure and advertising capabilities valued in the high six figures annually.

The Irvine Spectrum is the fulcrum of Commerce in Orange County. Beginning in 1989 global firms have called the Irvine Spectrum District home. The first office properties in the district were home to firms like Western Digital, Mazda and Toshiba. The 1995 opening of the 250,000 SF Irvine Spectrum Center’s opening as the Retail and Entertainment Hub of Orange County brought more firms, Broadcom, Edwards Lifesciences, Billabong, Ford, Goldman Sachs and HARLEY DAVIDSON. In 2007, the Village apartments with it’s own Starbucks becomes the first of six apartment communities in the District. Companies attracted to the Spectrum’s live-work amenities at this time include Blizzard, Masimo, Acorns, Abbott Labs, Taco Bell, and Medtronic, In 2016, 200 Spectrum Center opened as the Tallest Building in Orange County. Companies moving to the Spectrum at this time include Rivian, Cylance, Arteryx, Sega, Vizio, Wework, Johnson & Johnson In 2022, The opening of the Spectrum Terrace Office Community attracted more global brands; Amazon, Salesforce, Costar, Coca-Cola, and Twitch, Today the Spectrum has 1400 Employers, 100,000 Employees in 17,000,000 SF of Commercial space, for firms like Apple, Corelogic, Hoag, Terran Orbital, and one of the Spectrums original occupiers, Mazda.

The property was a legacy asset for 100 years before the Spectrum, and the Irvine Spectrum District has only enhanced the quality of the area. The median household income surrounding this prestigious property is over $178,000. The current tenant Irvine Harley Davidson was drawn to this area because of the “RICH” history. Built in 1999 in the first phase of the Irvine Research Center the property sits on 1.42 acres resting against the southbound lanes of the 405 Freeway. The 25,277 SF building with 25 feet of clear height has 165’ fronting the freeway. The building has access to 800 amps of three phase power, three 8’x10’ drive in bays and 83 surface parking spaces.

This property is perhaps a once in a lifetime opportunity to acquire a building of the finest quality in one of America’s most prestigious locations. Industrial, Showroom and Flex Space vacancy rates are the lowest in Orange County and the rental rates attained in the Irvine Spectrum area are the highest in Orange County. Rental rates have grown in the area because of the growing presence of Fortune 500 and Fortune 1000 companies, the synergy with leading retail and lifestyle brands and the access to South Orange County’s desirable demographics.

Almost 20,000 residents, 100,000 jobs, the best schools, brand new housing, the 5 Points amphitheater, 17M annual Shoppingtainment visitors to the Irvine Spectrum Center Orange County’s largest park and outdoor sports venue complex and 200,000 cars per day passing the property the live, work, play synergy of the Irvine Spectrum District is unrivaled and only getting better. Irvine has the fewest Industrial Transactions of any large city in Orange County because rarely do owners ever want to sell the best buildings, in the epicenter of OC’s business community. This modern, well appointed and exceptionally located Industrial Property is your chance to leave your family a legacy property they’ll own for the next 100 years. There are just so many chances one gets in lifetime to own a piece of Orange County’s history, and even fewer with an optimistic future as 8677 Research, Irvine, CA

Investment highlights

8677 Research Dr, Irvine CA was so good. It was owned by the Irvine Family and later the Irvine Company for over 100 years before the city’s master plan called for the development of the South Orange County’s economic and lifestyle engine, the Irvine Spectrum.

For only the 4th time since 1864 and perhaps for the only time in the next 100 years, a family can acquire the property.

Irvine spectrum area has been Orange County’s, most successful, high net worth residential, workplace, retail and social development of the last 30 years, attracting over 17,000,000 visitors annually, about the same as Orange County’s other major attraction, Disneyland

The Irvine spectrum is where fortune 500 companies, leading luxury retailers and high income earners all want to be. The best place to be in the Irvine spectrum is where everyone can see you and there is no better address for exposing your premium brand than 8677 Research Dr. Over 200,000 vehicles a day pass by the property.

The Irvine Spectrum is the fulcrum of Commerce in Orange County. Beginning in 1989 global firms have called the Irvine Spectrum District home. The ISD is home to Western Digital, Mazda, Toshiba, Broadcom, Edwards Lifesciences, Billabong, Ford, Goldman Sachs, Blizzard, Masimo, Acorns, Abbott Labs, Taco Bell, Medtronic, Rivian, Cylance, Arteryx, Sega, Vizio, Wework, Johnson & Johnson, Amazon, Salesforce, Costar, Coca-Cola, and Twitch,

Today the Spectrum has 1400 Employers, 100,000 Employees in 17,000,000 of Commercial space, for firms like Apple, Corelogic, Hoag, Terran Orbital, and one of the Spectrums original occupiers, Mazda.

The property was a legacy asset for 100 years before the Spectrum and the Irvine Spectrum District has only enhanced the quality of the area. The median household income surrounding this prestigious property is over $178,000.

Built in 1999 in the first phase of the Irvine Research Center the property sits on 1.42 acres resting against the southbound lanes of the 405 Freeway.

The 25,277 SF building with 25 feet of clear height has 165’ fronting the freeway.

The building has access to 800 amps of three phase power, three 8’x10’ drive in bays and 83 surface parking spaces.

Industrial, Showroom and Flex Space vacancy rates are the lowest in Orange County and the rental rates attained in the Irvine Spectrum area are the highest in Orange County.

Rental rates have grown in the area because of the growing presence of Fortune 500 and Fortune 1000 companies, the synergy with leading retail and lifestyle brands and the access to South Orange County’s desirable demographics.

Listing Contacts

JW
CA 00875427
Centennial Advisers
Centennial Advisers
CA
Centennial Advisers
Listed by Centennial Advisers

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4.69%
Cap Rate
4.69%
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Zoning

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5.4A IndustrialGeneral Industrial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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